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marshall27 [118]
1 year ago
9

Amtrak is promoting and upgrading passenger rail service. All but one of the following are facts Select one: A. It has high-spee

d train service between New York and Boston B. Total passenger miles have grown since 1981 C. In the northeast corridor it is the dominant carrier D. It operates some commuter agencies under contract E. It operates without any government subsidy
Business
1 answer:
BARSIC [14]1 year ago
4 0

The main fact about Amtrak corporation that is promoting and upgrading the passenger rail service is that its operates without any government subsidy.

<h3>What is Amtrak corporation?</h3>

It is a railroad service that essentially provides an inter-city rail service in the United States and Canada.

Hence, despite that Amtrak corporation that is promoting and upgrading the passenger rail service, it does not operates without any government subsidy.

Therefore, the Option E is correct.

Read more about passenger rail

<em>brainly.com/question/11433327</em>

#SPJ12

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What is meant by consistency when discussing financial accounting information?
goblinko [34]

Answer:

The correct answer is letter "A": Information presented by a company applies the same accounting treatment to similar events, from period to period.

Explanation:

In accounting, consistency is the principle that states a company must use an accounting method for book-keeping its transactions and the same method should be used from one period to the following. However, the consistency principle allows the company to change the current method for a more preferred method.

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3 years ago
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Which player in the economy supplies labor in the factor market?
Travka [436]

The player in the economy which supplies labor in the factor market is the households.

<h3>What is supply of labor?</h3>

This refers to the number of labor who are willing and able to find work in an economy. The supply for labor is also the hours worked by a workers within a time period.

Hence, the player in the economy supplies labor in the factor market is the households.

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5 0
1 year ago
Redwood Corporation is considering two alternative investment proposals with the following​ data: Proposal X Proposal Y Investme
Nady [450]

Answer:

6.1%

Explanation:

As per given data

                                                             Proposal X     Proposal Y

Investment                                           ​$900,000      ​$488,000

Useful life                                             ​9 years           9 years

Annual net cash inflows for 9 years ​  $130,000       ​$84,000

Residual value  ​                                   ​ $42,000        $0

Depreciation method                          Straight-line   Straight-line

Required rate of return ​                       15%                 ​12%

Accounting rate of return is the ratio of average net income of a project and the average investment made in the project.

Accounting rate of return = Average Net income / Average Investment

As net cash inflows are given we need to deduct the depreciation from the cash flows to arrive at the net income for the period. As all cash flows are constant so, the average value will be equal to the single years value.

Average net income = Net cash inflows - Depreciation = Net cash inflows - ( Cost of Asset - Residual value ) / Useful life of asset = $84,000 - ( $488,000 - $0) / 9 = $84,000 - $54,222 = $29,778

Average Investment  = $488,000

Placing Values in the formula

Accounting rate of return = $29,778 / $488,000 = 6.1%

5 0
3 years ago
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